Novartis Ag (NVS) Retained Earnings (2009 - 2025)
Novartis Ag (NVS) posted Retained Earnings of $45.4 billion for Q4 2025, up 10.09% sequentially from $41.3 billion in Q2 2025, and up 4.87% YoY from $43.3 billion in Q4 2024.
Novartis Ag (NVS) Retained Earnings (2009 - 2025) Analysis & Trends
Novartis Ag (NVS) has 11 years of Retained Earnings data on file, last reported at $45.4 billion in Q4 2025.
- Quarterly Retained Earnings rose 4.87% year-over-year to $45.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $45.4 billion (up 4.87% YoY) and the FY2025 annual result came in at $45.4 billion, up 4.87% from the prior year.
- Retained Earnings grew to $45.4 billion in Q4 2025 per NVS's latest filing, from $41.3 billion in the prior quarter.
- The five-year high for Retained Earnings was $66.8 billion in Q4 2021, with the low at $41.0 billion in Q2 2024.
- Average Retained Earnings over 5 years is $50.9 billion, with a median of $48.5 billion recorded in 2023.
- Year-over-year, Retained Earnings gained 19.85% in 2021 and dropped 21.63% in 2023.
- Novartis Ag's Retained Earnings stood at $66.8 billion in 2021, then retreated by 12.36% to $58.5 billion in 2022, then retreated by 21.63% to $45.9 billion in 2023, then retreated by 5.62% to $43.3 billion in 2024, then gained by 4.87% to $45.4 billion in 2025.
- Business Quant data shows NVS's Retained Earnings at $45.4 billion in Q4 2025, $41.3 billion in Q2 2025, and $43.3 billion in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 29.51 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | -14.83 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | -17.87 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 9.67 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 66.72 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | -190.00 Mn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 78.00 Mn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | -7.20 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | -140.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 45.41 Bn |
| Jun 30, 2025 | 41.25 Bn |
| Dec 31, 2024 | 43.31 Bn |
| Jun 30, 2024 | 40.97 Bn |
| Dec 31, 2023 | 45.88 Bn |
| Jun 30, 2023 | 51.06 Bn |
| Dec 31, 2022 | 58.54 Bn |
| Jun 30, 2022 | 62.10 Bn |
| Dec 31, 2021 | 66.80 Bn |
| Jun 30, 2021 | 53.19 Bn |
| Dec 31, 2020 | 55.74 Bn |
| Jun 30, 2020 | 52.94 Bn |
| Dec 31, 2019 | 54.62 Bn |
| Jun 30, 2019 | 50.56 Bn |
| Dec 31, 2018 | 77.74 Bn |
| Jun 30, 2018 | 75.93 Bn |
| Dec 31, 2017 | 73.30 Bn |
| Dec 31, 2016 | 73.94 Bn |
| Dec 31, 2015 | 76.16 Bn |
| Dec 31, 2014 | 69.87 Bn |